From the Nobel Prize-winning economist and former chair of the U.S.
Federal Reserve, a landmark book that provides vital lessons for
understanding financial crises and their sometimes-catastrophic economic
effects
As chair of the U.S. Federal Reserve during the Global Financial Crisis,
Ben Bernanke helped avert a greater financial disaster than the Great
Depression. And he did so by drawing directly on what he had learned
from years of studying the causes of the economic catastrophe of the
1930s-work for which he was later awarded the Nobel Prize. This
influential work is collected in Essays on the Great Depression, an
important account of the origins of the Depression and the economic
lessons it teaches.